Latest news with #MatrixGlobalSummit
The Hindu
02-07-2025
- Business
- The Hindu
More than 50% of India's future startups will rise outside metros: Report
A report by the Bengaluru chapter of The Indus Entrepreneurs has projected that more than 50% of Indian startups by 2035 will emerge from Tier 2/3 districts. Titled 'India as a Startup Superpower by 2035,A Strategic Roadmap', the report was released at the 10th edition of the Matrix Global Summit by TiE Bangalore. It was prepared with inputs from more than 60 ecosystem leaders, including founders, investors, policy experts, and academic institutions. The report calls for a nationwide shift from 'Startup India' to 'Entrepreneurial Bharat', where entrepreneurship is no longer a metro-driven phenomenon, but a grassroots movement embedded in school curricula, regional economic clusters, and national priorities. It outlines actionable strategies to democratise access to capital, embed entrepreneurial education across academic institutions, and streamline regulatory policies to support high-impact founders across every Indian district. The document also positions entrepreneurship as a core life skill, proposing its inclusion across 75% of secondary schools and 80% of higher education institutions by 2035. Covering themes across policy, capital, academia, talent, and deep tech, it explores how India can create an innovation economy that contributes 15% to GDP, creates 50 million new jobs, and generates 100+ IPOs on global exchanges by 2035. 'This is not just a report, it's a strategic invitation to reimagine India's innovation trajectory,' said Madan Padaki, President, TiE Bangalore and Trustee, TiE Global. Mission mode programmes Infosys cofounder Kris Gopalakrishnan, who spoke at the event, noted that an entrepreneurial mindset should come into the research ecosystem. 'The research ecosystem is still in the olden days. It needs to start thinking big. We can do it,' he said noting that ISRO and DRDO are proofs of that. Mr. Gopalakrishnan also suggested every institute in the country must come up with three or four 'mission mode programmes' every year. 'These are large multi-year, multi-disciplinary mission mode programmes, like creating the human brain atlas, cure for cancer, cure for Alzheimer's, understanding dementia, creating an autonomous vehicle... In IIT Madras they want to do hyper loop. Every institute must do that. They are doing hundreds of thousands of small incremental projects, like publishing papers. Let that go on. But they must come up with a mission mode programme because the spin out from that will be really large. We need to look at global leadership and creating large businesses with export potential,' he said.
Hans India
28-06-2025
- Business
- Hans India
TiE Bangalore to host 10th Matrix Global Summit on July 1, 2
Bengaluru: The 10th edition of the Matrix Global Summit organised by TiE Bangalore will be held for two days from July 1 at NIMHANS Convention Centre here. This year, the summit will explore the deep-tech ecosystem in India. The summit will convene leaders from government, industry, and the startup ecosystem to discuss India's path toward building a USD 1 trillion innovation-led economy, said a release issued by TiE Bangalore on Friday. TiE, which stands for The Indus Entrepreneurs, is a global non-profit organisation dedicated to fostering entrepreneurship. 'As India aims to become a global deeptech powerhouse, this summit brings together entrepreneurs, investors, policymakers, and students to collaborate and co-create solutions that can drive meaningful change,' Madan Padaki, President, TiE Bangalore, is quoted as saying in the release. According to him, the summit will spotlight the convergence of breakthrough technologies including Artificial Intelligence (AI), Robotics, Industry 5.0, 5G, SpaceTech, Electric Vehicles (EVs), AgriTech, HealthTech, and Sustainability. It will also aim to create a collaborative platform where policy, innovation, and entrepreneurship intersect to shape the future of India's digital and deeptech landscape, the release added. The summit is supported by State Bank of India, STPI, India Mobile Congress and Karnataka Digital Economy Mission, among others.
